Articles on US inflation

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Inflation-strapped shoppers are becoming ever more skeptical about companies’ justfications for price hikes. Pars Sahin on Unsplash

Shoppers are less peeved by cost hikes due to scarcity – but retailers more often blame their own rising costs

Shoppers are increasingly hunting for value, which puts the onus on businesses to tread carefully when justifying price hikes.
Home borrowing costs, like other long-term rates, are not directly controlled by the Fed – but they still feel its influence. athima tongloom/Moment via Getty Images

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

Recent news reports highlighted how the Fed technically has a third mandate – moderate long-term interest rates. An economist explains how the objective is already baked into the other two.
President Donald Trump has said he believes the U.S. economy has entered a ‘golden age’ on his watch. AP Photo/Mark Schiefelbein

Trump’s ‘golden age’ economic message undercut by his desire for much lower interest rates – which typically signal a weak jobs market

The push to slash rates, despite what Trump considers a ‘hot’ economy, underscores why it’s important the Fed relies on data – and not the wishes of politicians – when making decisions about monetary policy.
Federal Reserve Chairman Jerome Powell talks with Board of Governors member Lisa Cook on June 25, 2025. AP Photo/Mark Schiefelbein

Trump’s push to fire Fed governor threatens central bank independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Politicians have long coveted control over monetary policy. Good economic governance requires that they don’t get it.

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